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Monthly Archives: November, 2014

Private remittances to Armenia fall by 17 percent in October to $161.6 million

Private remittances from Russia and some other countries to Armenia continued to fall in October, according to the latest statistical data posted by the Central Bank

Ardshinbank awarded Bank of the Year 2014 in Armenia by “the banker” magazine

Ardshinbank CJSC was awarded the Bank of the Year 2014 in Armenia by “The Banker” magazine of the prestigious Financial Times in an award ceremony held in London on November 27

Head of Armenian Central Bank off to Moscow for interstate bank’s session

The chairman of the Central Bank of Armenia, Artur Javadyan, has left for Moscow today to attend a regular meeting of the Council of the CIS Interstate Bank

Armenia’s gross international reserves in October 2014 grow by 0.5% to $1.671 billion

Armenia’s gross international reserves in October 2014 grew by 0.5% from the previous month to $1.671 billion, the Central Bank said today

Armenia’s monetary base grows 2.2% in October to AMD 734.6 billion

Monetary base in Armenia grew 2.2% in October, compared with September, to AMD 734.6 billion, the National Statistical Service of Armenia reports referring to the central bank’s figures

HSBC Bank Armenia launches mobile banking application

HSBC Bank Armenia has launched today the Mobile Banking application, which is available both to individual and corporate clients, Chief Executive Officer, Thies Clemenz, said at the presentation

Armenia’s total public debt rises by 0.34% to $4,464 billion in October

Armenia’s total public debt stood at $4,464.7 billion at the end of October 2014, having hiked by 0.34% or $15.2 million from the previous month, the National Statistical Service (NSS) said

Transactions with Armenia’s Eurobonds totaling $3.4 million made at secondary market in September

Transactions with Armenia’s Eurobonds totaling $3.4 million were made at the secondary market in September 2014 against $4.78 million in August 2014, the Central Bank of Armenia says in a fresh issue of its monthly bulletin

IBRD and ADB to provide Armenia with $124 million loans

The International Bank for Reconstruction and Development (IBRD), a member of the World Bank Group and the Asian Development Bank (ADB) will provide Armenia with budget loans totaling $124 million

Dollar falls on growth doubt as yen rises amid oversold signals: Bloomberg

The dollar fell against the yen for a third day, the longest streak in a month, after data raised concern the U.S. economic recovery has plateaued

Central Bank auctions 2 billion drams worth mid-term government bonds

Armenia’s Central Bank said it has auctioned today two billion drams worth mid-term government (treasury) bonds of AMGN36294175 issue maturing until 29 April 2017

Russia will lose one trillion rubles in revenue in 2015 – minister

Russia will lose one trillion rubles in revenue in 2015 because of worsening external economic situation, slowing domestic economic growth and reduction in imports, Russian Finance Minister Anton Siluanov said Wednesday when speaking at the Federation Council, the upper chamber of Russian parliament